1 / 3

1614-1616 14 th St, NW DC

1614-1616 14 th St, NW DC. Trade Joes. Logan Circle. Whole Foods. FACTS. 1614-1616 14 th Street, NW Built 1900 * 11,320 square feet * 3,772 retail 1 st level 7,548 office/retail 2-3 rd level Condition – Retail spaces leased on month to month – Deli & Liquor store

emile
Download Presentation

1614-1616 14 th St, NW DC

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. 1614-1616 14th St, NW DC

  2. Trade Joes Logan Circle Whole Foods

  3. FACTS • 1614-1616 14th Street, NW • Built 1900 * • 11,320 square feet * • 3,772 retail 1st level • 7,548 office/retail 2-3rd level • Condition – Retail spaces leased on month to month – Deli & Liquor store • 2-3rd floors are empty and in bad condition. Old Apartment that have had no upgrade for roughly 5-10 years • Purchase price - $3M – Budget $500K renovations • $265 per square foot • Potential: • 3,772 retail - $50 psf - $161,350/year/NNN • 7,548 office - $25 psf – $188,700/year/NNN • Total – $350,050/year/NNN * Per Costar

More Related